Navacord Expands Into the Real Estate Sector with the Addition of Condominium Insurance Solutions (CIS)

Toronto, ON, August 16, 2023 – Navacord Corp., Canada’s fourth-largest commercial brokerage and an industry disruptor in risk management and group benefits and retirement solutions, is thrilled to announce their partnership with Condominium Insurance Solutions, effective July 1, 2023.

Condominium Insurance Solutions, (CIS), offers one of the largest condominium insurance programs in Ontario. Based in Markham, CIS’ offerings are tailored to meet the needs of the Condominium Act of Ontario to their clientele of condominium corporations.

“We are excited to join Navacord and collectively strengthen our capabilities in the condominium insurance space,” says Jeff Rodin, CEO, CIS. “Our existing relationship with Navacord, now bolstered by our partnership, solidifies our strategic expansion and the possibilities to grow this program across Canada.”

The Greater Toronto Area ranks as one of the largest residential condominium markets in North America; with the addition of CIS, Navacord is positioned well for further growth in this marketplace.

“We are pleased to welcome CIS to the Navacord group, which will position us well to capitalize on expanding our value proposition for our clients,” says Shawn DeSantis, President and CEO, Navacord. “Condominium Insurance Solutions is an industry leader in underwriting, data collection, and claims management in the condominium space. Combined with Navacord’s scale, the CIS partnership sets us up well for significant growth in this sector.”

About Condominium Insurance Solutions

Condominium Insurance Solutions is continuously striving to exceed the insurance needs that our clients require. We deliver the highest level of customer service by leveraging on our team’s extensive knowledge and experience in Condominium Insurance. Each Condominium Insurance Solutions policy is uniquely designed for our clients and meets the requirements of the Condominium Act of Ontario.